On Saturday, June 30, BD pool Supplies sold merchandise to E. Luang on account. The sales price was $3,800, and the cost of goods sold was $3,000. The sales revenue was recorded immediatly, but the entry recording the cost of goods sold was dated Monday, July 2. As a result, net income for June was:

a. Overstated by $3,800

b. Overstated by $3,000

c. Overstated by $800.00

d. Not affected, but the net income for July is understated